Nigeria’s consumer inflation eased for the third straight month to 11.3 percent year-on-year in September, down from 11.7 percent year-on-year in August, the National Bureau of Statistics (NBS) said on Wednesday. Food inflation, the largest contributor to the headline index, rose slightly to 10.2 percent year-on-year in September, from 9.9 […]
Tag: Nigeria
Inter-bank rates up on NNPC cash withdrawal
Inter-bank lending rates rose more than 80 basis points last week to an average of 11.41 per cent, compared with 10.58 per cent the previous week, as cash outflows to Treasury bill sales and a withdrawal by the Nigerian National Petroleum Corporation drained liquidity. Dealers said Central Bank of Nigeria […]
Federal Republic of Nigeria’s 2013 Budget Speech
Budget 2013 THEME: “Fiscal Consolidation with Inclusive Growth” By His Excellency Goodluck Ebele Jonathan, GCFR President, Federal Republic of Nigeria Before A Joint Session of the National Assembly, Abuja INTRODUCTION 1. It is my pleasure and honour to present the 2013 Federal Budget Proposal before this esteemed Joint Session […]
